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kerry of massachusetts. if he had won the presidential election that year, his senate seat would have become open. so the governor of massachusetts, the republican, mitt romney, would have been able to appoint somebody to fill john kerry's senate seat. the massachusetts legislature totally dominated by democrats was cognizant that the governor would probably pick a republican to fill the seat if kerry got elected president. so the massachusetts state legislature decided to change the law. they changed the law so that only a special election could fill a vacant seat. until then, the seat would have to be empty. mitt romney tried to veto that new law. but the legislature overrode his veto, thereby stripping mitt romney of his power to choose a replacement. that became a mute point because john kerry didn't win so he stayed on as senator. but then fast forward fife years. 2009. new president barack obama, the country embroiled in a big debate over national health reform. those against it were against it to the point of rage. and those who wanted it were excited to be on the cusp of achie
's lead, the winning argument. president obama won the election. he won the debate on fairness and he's winning this fight in washington and now even some republicans admit it. in the election, 65 million americans voted for fairness. they stood with the president who says everyone should pay their fair share, that there's just something fundamentally wrong with the millionaire paying less in tacks than his or her secretary. president obama drove that point home again today demanding that the rich pay more so the burden doesn't fall on the middle class. >> our first job is to make sure that taxes on middle class families don't go up and since we all theoretically agree on that, we should get that done. i know some of this might sound familiar to you because we talked about this a lot during the campaign. this shouldn't be a surprise to anybody. this was a major debate in the presidential can campaign and congressional campaigns all across the country. >> that's what this election was all about, americans were with him on election day. and they are still with him now. a newark ton post
6th, the election is over. >> presidential election, your prediction was wrong. >> big time. >> people are open on entitlement reform in a way they haven't been in the past. >> my analysis based on fact, not emotion. >> oh, my -- >> oh, wow. >> things people are saying about the election that are not true, but it makes them feel better to say it anyway. >> we start on a very important day that the world can be thankful for. a cease-fire in the middle east. secretary of state hillary clinton is heading home now after she and her egyptian counterpart announced the deal to end hostilities and greater cooperation between israel and gaza in the near future. >> the united states welcomes the agreement today for a cease-fire in gaza, for it to hold, the rocket attacks must end. a broader calm returned. the people of this region deserve the chance to live free from fear and violence and today's agreement is a step in the right direction that we should build on. >> this news comes after more than a week of violence that claimed 140 palestinian and 5 israeli lives. obviously, this day
said about this pledge and i will tell you when i go to the constituents that have elected and re-elected me, it is not about that pledge. it really is about trying to solve problems. >> the majority of those who distanced themselves from norquist so far have been senate gop members, not house gop members. do you think that speaker boehner and congressman cantor, do you think they can make any leeway with the caucus on a tax increase? >> well, only time will tell. this is the big question. you're asking the big question because the speaker has set the right tone. now it is time for the right substance. now it is time for the speaker to put his plan on the table. after all, the president hasn't been secret about his plan. the president's plan is there for everybody to see, every american can go to the president's budget plan to see his combination of tax increases on the wealthy in addition to cuts, but speaker boehner has again set the right tone but so far hasn't come up with any substance. >> which entitlements if any are democrats prepared to put on the reform table? >> well, democrats
the election about the fiscal cliff. what is at stake here for both sides? what happens if they don't get a deal? >> well, look. i think what happens to both sides, it's not even what happens to both sides, what happens to us which is the collective, right? it's what happens to the country which is 4% of gdp disappears overnight. and that's what this is all about. by the way, it's not just about what happens january 1st or 11:59 the day before january 1st. it's already starting to impact the economy. whether it impacts consumers -- and we'll find out today, by the way, in terms of thanksgiving and what's that meant, whether consumers are coming out or not -- but thoorz the bigger issue that manufacturing has already started to slow down. people are starting to worry. it may end up in the economic numbers already, just the fact that we're having this debate. and then come january 1st, do we go over? what does that mean? is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal a
that the president has, and i think he said this after the election, his mandate is to protect the middle class and help people enter and stay in the middle class. how do we do that? make sure medicaid is there in the future, that it is as strong and efficient to carry -- >> but he's going to be open to changes to all of this stuff? >> he has a plan on the table, so it's a little bit of a discussion that we've already had. >> let's talk about the politics a minute. the future of obama for america. how much a part of the dnc does it become? how do you do in 2014 what obama for america was incapable of doing in 2010? >> well, let's talk about 2014. those decisions are being made now whether obama for america gets housed at the dnc -- >> could it be a separate organization? >> or it could be a separate organization. i think that coming out of the 2008 election organizing for america, which was really -- >> but you housed it in the dnc. >> right. those decisions are being made now. but i will say that 2012 is a little bit different than 2008. the american people nope the preside president. they kno
with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions tonight. let's go "out front." >>> good evening, everyone. i'm erin burnett, outfront tonight, an early christmas miracle. or at least the glimmer of one today. barack obama bringing glad ti tidings of great joy to avoid the fiscal cliff. >> i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either one of them. but investors didn't care, they're excited about the present, the dow gained more than a full percent throughout the day. will we have a true christmas miracle? courtesy of those two. oh, let's hope that they don't wear those hats. i spoke this evening with republic
. the president campaigned on this vision. and he won re-election. at least i think he did. but it also seems like the whitehouse white house is still considering another grand bargain. >> i think what we need to do and the president believes this is, let's go for the big deal. let's go for something that we can say for a 10 to 20-year period for the first time in a long time, our country is on the right sustainable fiscal path. the only way that gets done is for republicans to step out again and mercilessly get criticized by grover and norquist on the right. >> if this sounds familiar to you folks, it should because back income 2011, president obama brokered a deal with house speaker john boehner to avoid crashing through the debt ceiling. the deal was ultimately rejected by the republicans but we know it included cuts to the entitlement programs. according to "the new york times," president obama agreed to squeeze $250 billion from medicare in the next ten years with $800 billion moral in the decade after that. he was also willing to cut 110 billion from medicaid in the short term. democrats in
elected. the only thing i am honoring is the oath that i take when i serve when i am sworn in in january. >> chambliss already made a similar statement last week. the question is is this a real softening of positions? does it give them room to make deal. >> two things. first, let's look at the real room being created. so far i haven't heard anyone say i am willing to raise marginal tax rates as part of a deal. they're arguing with the head of the antitax coalition about whether closing loopholes is breaking the pledge. it is pretty narrow. it does show they're frustrated because they were sent to washington to negotiate, make deals, make things happen and they find themselves ham strung by this guy that voters haven't really heard of and saying who elected him? >> a lot just know they don't want to go off the fiscal cliff. here is the question. if republicans are building to eliminate deductions for wealthy, make the wealthy pay more, is it too far for democrats to push to get rates increased? what's the difference? >> i think the real problem here with democrats as far as democrats are
to be president and late on morals and and dog doing it aggressively. collapsed in this election in 2012. now they've to decide which of them is strong enough my personal theory is the business wing was always stronger wing will be will be the surviving wing. you can hear this in the talk about loosening up on immigration. the business wing wants looser rules, they are going to assert themselves but that's across purposes with the tea party wing dead set against immigration. >> don't trust the goodwill of the business community. the labor union will be jumping out there, everybody comes in legal or not. and the business community doesn't want real immigration. >> they wages. >> they don't want work permits. they want it as fast and cheap as they can. >> let's go to john about history. you and i remember in 1988 the democrats had wonrace. this is a race the key thing here not that you lose or lose by a lot. they didn't lose by a huge amou=n you think you're going to win. that's when younk your party. just like dukakis, up by 17 and loses by 8 andpy could have lost b
the military offensive in gaz a. this is weeks before the general election. he wants to focus on his personal life. there is more to this story i think. angry workers and a fire in bangladesh. many workers were trapped in the building because of no emergency exits. some of the clothes were made for walmart and sears and clothing line of sean puppy combs. shellie moore catit po will announce her cand date for u.s. senate. she is a pro choice republican and she is a test of the gop's ability to expand the appeal to voters, the congresswoman will run for democrat jay rockefeller's seat. the senator is not saying if he will run again in 2014. it is an exciting day today. shoppers will be pounding the keyboards and not the pavement looking for on line bargains. this year's cyber monday will be a big success with americans expected to spend 1. 5 billion bucks up 20 percent from last year. i saw the deals last night. buy one and 60 percent off on the other. it is enticing. >> brian: deals are for real. and today's on line . happy to see the retailers busy over the weekend. talking about the fiscal c
of the secretary of state on one side and the democratically elected muslim brotherhood president of egypt on the other is a new post-arab spring development which bodes very well because there was always a question, the muslim brotherhood with its anti-israel, anti-western ideology, taking power in egypt whether they would live up to the commitments of the peace treaty and use their influence in a positive way over that other muslim brother hood faction which is hamas. the muslim brotherhood is a generator of hamas. we have them using their influence in this way, as the united states used its influence in israel, obama spoke to netanyahu and told him you need to sign this, he said he was happy to do that. there you have a very good foundation for what needs to be done next which is once we get through the immediate cease-fire, how to stabilize the situation in a way that makes life normal for both israelis and palestinians and that's clearly going to have to be on the agenda. otherwise this will not be a long-lasting cease-fire. >> james zogby. >> life won't be normal for people in gaza o
to hear because it seems that before the election there was actually some uniform opinion this absolutely was going to get done by the end of the year. what changed? >> well, it's so easy to say in general we're going to work this out, talk, and have the nice photo-ops, but when it comes down to dollars and cents it's the same old argument that democrats want to see some kind of an extension of tax cults for those making less than $250,000 a year but not for the wealthy. and the republicans still want to see some proposed cut, some kind of numbers on how they're going to reduce entitlements, especially medicare spending. so we're not close to actually having those kind of talks yet. what we have right now is a pr phase, a public relations phase, where both sides are trying to work the business community or work main street behind their side of the argument. >> and it does seem that we have a split not just about what needs to get done or how we get to this deal, dana, but about the urgency of what would happen if we didn't come to a deal. the white house put out that 14-page report on mon
weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past these dynasties. >> exactly. >> of ruled politics for decades. republican up and comer jeb bush jr. says he would love to see his dad run for president, and rand paul says he's going to follow in his pop's footsteps too and hillary is going to run too. do you have to be related to somebody who has been president of the united states or run for president of the united states to actually do that yourself? >> i think that's what makes the names. here's jeb jr. >> your dad going to run for president? >> i don't know. no comment. i certainly hope so. >> which is it, i don't know or no comment? >> i think it's the i hope so. >> you said, i don't know, no comment, and i hope so, which are all kind of contradictory. >> give me the full loaf of bread right there. >> word is out of florida jeb is lining up for 20
what's here is a cover-up that barack obama right before the election wanted to cover up -- well something. i don't know what they're trying to cover up. but he didn't want it to be an act of terror. if he had said this is an act of terrorism, probably would go shooting up in the polls at the time. so there's no sense -- >> he did say it was -- >> there's no point, no sense to their charge of a cover-up. but saying that the state department security office screwed up, doesn't get you at the white house, doesn't get the president or susan rice or anybody else of a high position in the line of fire. which is what they want. so this is again and again they're trying to suggest that something is wrong, said what the cia told her and it is i think as richard said, kind of an immature exercise and the common ritual you go up to capitol hill after weeks of this and they come out and say we kind of sorted this out, still have other questions, but their appearance, if they don't back up their troubles, the fact that they're troubled by this with some details, it just shows you they're not
an election. >> ambassador rice said today absolutely it was wrong. i don't understand the cia said clearly that information was wrong. and they knew by the 22nd it was wrong. yet, they have not cleared that up with the american people. >> in a statement just now, susan rice admits that the initial information about a protest in benghazi was incorrect, but says no one intended to mislead the public. business as usual, congress is back and picks up just where it left off. stalemated over tax rates and entitlement spending. >> unfortunately, there's one obstacle standing between congress and compromise, grover norquist. for years, norquist has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this anti-tax zell lot. >> the washington democrats, every dollar that's ever been secured for anything is sacred. every dollar secured for anything is sacred. and they'll defend it to the death regardless of what it means for jobs, or the economy. >>> coming up here, the it's top economic adviser alan krueger. clashes in cairo today, more pro
, it went very well. the problem was that was before thanksgiving after the election. and since that time, there's been little progress with the republicans, which is a disappointment to me. >> well, the market didn't exactly like what they heard there either. the dow lost nearly 90 points today. much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ing
coverage. a private meeting between the two of them. i think it's designed to say the election is over, mitt romney did win about 47.5% of the vote of the american public, a recognition of that fact and recognition by the president if there is a grand bargain to be done he's going to need the help of republicans. i don't know how much mitt romney will play a role in that. i think mitt romney this is the guy i beat, he represents a significant constituency that voted against me, we're going to bring him in and talk to him. i don't expect much substantive to come to it. symbolism, saying the election is over and move on and work for the country. >> it is symbolic. we've seen this drama before, but in the past it's been with a republican nominee who frankly carries more political weight within his own party and held a constituency there. in this case he's not elected to anything, not a sitting senator, a defeated presidential candidate but someone who still plays a role in politics. this is about sending a signal of niceness and appealing to higher angels we as a country can move on. >> m
. after the election, the speaker did say increased revenues were acceptable if coupled with entitlement reform. but will it be supported in the house? that's where grover is seen as more of a legend than a lobbyist. some are signaling the tax debate does not start and end with this old pledge. eric cantor, who was adamant last time about opposing any revenue increase hit that note on msnbc just this morning. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have re-elected me, it is not about that pledge, it really is about trying to solve problems. john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something
respect. he promised the people of egypt democracy when his party and he was elected president. >> reporter: egyptian president expanded his powers and placed himself above judicial oversay the sight after the cease-fire. egypt said it was designed to hold those accountable of those in corruption and crimes in the previous regime. but one leading senator was asked what message president obama should deliver to the egyptian leader? >> he has to express those concerns and say, obviously, we want this -- change to be not just democratic, but to also be supportive of stability and also to be protecting of minorities and human rights in egypt. >> reporter: the egyptian stock market taking a dive on the first day of trading after the action. it dropped more than 9%. >> shannon: all right. we'll keep an eye on it. president obottommal meet with the congressional leaders for a plan aimed at avoiding the fiscal cliff. lawmakers have said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a fo
after the elections. >> jim, real quickly, your reporting, you've been able to learn there are reports of security forces in egypt intercepting and seizing smuggled weapons. what more do we know about that? >> reporter: yes. that is correct. it's a vivid example of the problems of post cease fire here because of the possible rearming of hamas. the government did announce today that its security fors caught a group of smugglers with two truckloads of rockets in the northwest part of the country. there were mortars, rpgs, at least two or three dozen rockets. and these were meant either for mill tanls in the sinai or in gaza. and of course israel is trying to seek international guarantees that this kind of activity stoms completely and that is another sticking point. >> jim, the source of those weapons? who are they saying that they're coming from? >> reporter: i'm glald you mentioned that. they are coming, they say, from libya, which would not be the first time, but is increasingly the case. >> jim maceda, thank you. joining us msnbc contributor adreel, a democratic strategist and republ
election. what will you do? go to disneyland. >> exactly. >> people accuse him of being there all alistening. >> but look. if you look at that list of people we had on politico's home page, 18 republicans. here's the good news. four minorities and no one old enough to take social security. if you're a republican and just wiped out in this election, you're ready to look to 2016. you don't care about mitt romney anymore. you're like, okay, what do we have? we have a bright future here with women, minorities, with younger people and it's never too early. we're politico -- political junkies here. marco rubio has already been to iowa. >> there is a deep bempbl of smart talent on the right. several names of front-runners. but take a listen to what jeb bush jr. and senator ran paul are saying about that very issue. >> your dad going to run for president? >> i don't know. no comment. i certainly hope so. >> going to be another paul for president campaign? >> that's classified. i can't tell you that. you don't have clearance to hear that. you know, i want to be part of the national debate.
is going to be your friend every time on every issue. he's elected in a free and democratic election. we ought to be dealing with him. we are. the president appears to have established a good relationship with him and, remember, continuation of the peace agreement with israel, while very much in israel's strategic interest, is also important to egypt. they have a very difficult time in economic terms, and let's not forget that the revolution there was indigenous, it was local and it was, in large part, over domestic issues, jobs, education, health care, what concerns people everywhere. he needs a stable situation there. he needs to concentrate on economic growth, providing jobs. he obviously has to recognize and acknowledge public opinion, which is an important factor there as here. but, for now, i think it's a positive step. what he's done with respect to the ceasefire. >> you saw a reporter in gaza who talked about the many celebrations throughout the day on thursday there. has hamas emerged stronger from this last eight days of the conflict? there are those who suggest that's the case
. >> morgan freeman pointing out why he's behind what voters in three states did on election day. >>> and your $2 could be worth 425 million bucks. power ball reaching a new record. let's dream the dream together, shall we? shall we? "newsroom" starts now. -- captions by vitac -- www.vitac.com >>> good morning to you. thank you so much for being with me on this monday morning. i'm carol costello. we begin with the so-called fiscal cliff. 36 days from the crisis. new signs of just how concerned lawmakers really are. more republican lawmakers now say they will work toward a compromise, even if they have to break a promise not to raise taxes. that promise, that pledge, the brain child of anti-tax activist grover norquist, a long-time power broker in the gop. but the vote faced its first test last week when senator saxby chambliss said he was ready to break the promise. congressman king -- now senator lindsey graham has become the latest republican to say he would violate the pledge if democrats also showed willingness to rein in the nation's debt. >> i want to buy down debt and cut rates to creat
of a contentious presidential election campaign. >> reporter: after meeting with rice for more than an hour, collins emerged questioning her judgment in giving the public what turned out to be incorrect information in the days after the deadly attack in benghazi. and the main republican was lukewarm about the prospect of rice as secretary of state. if president obama were to nominate susan rice to be the next secretary of state, could you support that nomination? >> i would need to have additional information before i could support her nomination. >> reporter: collins has gone out of her way to support rice in the past. even introducing rice family ties to maine at a confirmation hearing for u.n. ambassador. >> the people of maine are proud of what this remarkable woman has accomplished. >> reporter: whether collins supports rice now for a promotion is crucial because of the raw numbers. rice would likely need 60 votes to overcome a filibuster by these gop senators assuming all 55 senator who is will caucus with democrats next year vote to confirm rice, she would still need five republicans
that president obama essentially has the leverage in the situation. not only did he win the election having run on a platform of increasing taxes on wealthier americans, if you look at the polls a majority of americans actually agree with him on that issue. as you know, president obama invited congressional leaders to the white house last week. they struck a rare tone of bipartisanship after that meeting. then as you point out, seems like both sides sort of went back to their respective corners and democrats really digging in their heels on entitlements, republicans digging in their heels on the issue of taxes. we're told that aids on the hill are trying to work through a couple of compromise scenarios, especially on the issue of taxes, that would essentially allow taxes to go up on wealthier americans without increasing the rates. there are a couple of ways that you can do this. one would be to roll back tax breaks that will wealthier americans get. another idea is to possibly tax higher income earners on the lump sum of their salaries. so they're sort of batting some of those ideas back and f
talks to us live. three weeks removed from election today and suddenly americans are being hit by an on shraugt of neon sthraut of new campaigning. a look at the white house now where press jay carney just began today's briefing. he reiterated that president obama will not sign legislation that extends lower tax rates for the wealthy in particular. that comes as top republicans in the senate draws a line in the sand saying political ideology cannot rule the negotiations. >> the only balanced approach is one that includes real and lasting reforms. so republicans have stepped out of our comfort zone, we've been clear about what we'll do and what we won't, and yet we remain at an impasse. leading us to why ask why? because a vocal minority on the hard left continues to argue from the leaders of their party from the president on down that democrats in washington should do absolutely nothing about short term, or long term spending problems. this is the thelmand louise crowd, the ones who dream about higher taxes and bigger government it will pay for, regardless of the impact on jobs
moving lower. the sector began to take a hit following the election, and has yet to find its footing. liz: take a look at nat gas. they're all moving lower. the expectation of warmer weather across much of the u.s. means less usage of natural gas, particularly in the northern midwest and we were going to get snow tomorrow under an inch. david: and we are seeing weakness the department store stocks. macy's and nordstrom's underperforming in that particular sector. liz: how about some jewelry for the holidays. a rough year, but today it is making a huge push to get consumers to buy diamonds and fine jewelry. president and ceo harvey cantor here live to tell us what those deals are including a huge giveaway they're doing and how we are doing and what kind of a halo effect they're having on the giveaway. david: and economic advisors warning middle-class tax rates to rise and failing to catch could cause consumers to spend $200 million less than they normally would next year. coming up chairman of the president's council of economic advisors joining us to talk about the fiscal cliff and whethe
to run for re-election next year. storm victims have been asking about his plans. >> this weekend, mary pat and i, the kids, had an opportunity to just kind of have a few minutes to ourselves. and we talked about it. and we've decided we're going to seek re-election. and we're wanting to get that going today. so i instructed my campaign treasurer to file papers with the election law enforcement commission to seek re-election. and so -- >> there you have it. christie has been extremely hands on in dealing with the storm damage. that has helped fuel a huge spike in his approval ratings which now hover around 80%. >>> in dewitt county, illinois, reluctantly agreed to a coin flip 14 days after their election ended in a tie. incumbent ferguson called tails. decisive coin flip was more like gambling than democracy, he says. >>> crane on fire starts to collapse with hundreds of people standing below in australia. now we're learning about a connection between that crane and another crane that buckled in new york after superstorm sandy. [ female announcer ] imagine skin so healthy, it never gets
national election. dan lothian is at the white house right now where that man is about to meet the man who did win the election, the president, and this is of course, dan, not exactly how mitt romney was hoping to walk through the doors of the white house, is it? >> reporter: no, not at all. i mean, i think he would have loved to have had it be the other way around where he is the president inviting former president obama to come here. no, the two will be sitting down here at the white house tomorrow having a private lunch in the private dining room. there will be no press coverage but we hope that perhaps there will abphoto. remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the electi
off by possibly electing a bush when you have history of bush for eight years, clinton for eight years, obama for eight years, another bush when there was actually, you know -- well, wait, bush, clinton, bush, obama, bush. >> that's probably due for another obama. i think bush like christie is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm going to be with governor bush. we are doing an event in washington talking about the need for educational reform as a big national security challenge unless we get k-12 education right, we're now not going to get this country right. and the fact that someone like jeb bush has become one of the principal champions of education reform has shown me how republicans can have appeal if they go beyond the narrow agenda. >> what do you think? >> i think he has enormous appeal. he's a very attractive candidate. and as richard pointed out, he is not the republican candidate we've seen in the past couple of elections. i mean, he has enormous appeal to the hispanic comm
since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over. sanity is contagious. >> now, the question is, is the president going to stay where he is and go, you know what? we're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well, it looks to me like the white house has learned something over the course of the last four years which is that you don't start a negotiation by negotiating against yourself. >> right. >> you know, the
. the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the -- 6. >> anybody want to top that now? >>> on cbs "this morning." >>> the rolling stones marked their 50th anniversary with a concert in london and head to the united states next month. ♪ hey, you, get out of my path ♪ you know when i'm going, out of my path ♪ captioning funded by cbs >>> welcome to cbs increases and automatic spending cuts that would start in january. >>> this morning there are ne
that election. she has been missing for two weeks and now her body has been found along a desolate road. the cause of death was a blow to the head. but her legs and hands were bound. she had been stabbed and there were clear signs of torture. this was the third time she was attacked by drug gangs. in 2009 she and her husband came under fire. she survived. her husband was killed. a year later a van she was riding in was riddled with 30 bullets, three of them struck her and the scars were so bad on her body she published the pictures to show how brutal the cartels were. she was the mother of three young children and that's why she pressed on saying and i'm quoting here, it is not possible for me to surrender when i have three children whom i have to educate by setting an example and she was a true example. the mexican authorities are investigating this murder but admittedly they solve very few if any murders by the cartels. since this drug war began in 2006, megyn, the death toll is above 50,000, including 24 mayors and 43 other elected representatives. megyn? megyn: unbelievable. unbelie
of the mubarek era. it was the judges who through out the elections that had elected a parliament that was comprised of 75 percent supporters of the muslim brotherhood and even more extreme parties. morsi was trying to prevent the constitution writing exercise from being dismissed by the judg judges. in that sense this is a life and death struggle between what's left of the mubarek hold overs and that is key. from there the united states because of decades of ex tense i have military aid still has a lot of judges that's where we exert is it to get it back in control. that's where we give up a lot from relying on morsi. it is no coincidence he waited almost 24-hours after announcing the gaza cease fire from proceeding with these radical steps. he thinks he has a freehand. >> what should the administration do? do you think they gave him this so-called freehand that he has now used? >> i would like to know what the last conversations were with secretary of state clinton in egypt. even if they didn't give him a wink and a nod he clearly feels emboldened. i think the only way to get hi
't care what you think. >> i'm not sure that he thinks that. he also thinks that he just won an election which he did. he also can nominate those that he thinks is best. it's also the job of the united states senate, according to the constitution, for advice and consent. and that's our role and i take that very seriously. >> bill: all right. on tax and funding, are we going to work this out here and what's the time line? >> well, they are not meeting this week which is interesting, so there doesn't seem to be as much a sense of sur urgency as the markets indicate. depends on both sides and what they view as a lesson of the election. the republicans maintain their majority in the house. the president won a victory. i think there is every responsibility that we could kick the can down the road for six months or so by just saying put everything on hold. also, if you are willing to going to solve this problem and address it you have got to go after entitlements everybody knows that's the third rail. that's why that part has to be bipartisan the way it was with at this point o'neil and ronald
medicare plans that may be right for you. call now. elected president takes oath of office he meets with president obama at the white house. nieto wants to talk about trade, manufacturing, energy deals between mexico and the united states. wolf blitzer sat down with him for an interview a couple of hours ago. more on that in a bit. mexico's president-elect wants to update the conversation between his country and the united states. he's talking about the drug wars, security, immigration, all of those things on the agenda. millions of people in both countries are affected by the decisions that he and president obama make and it's time to redirect the relationship. how do they do it? cnn contributor ruben navaret. you wrote a to-do list for both leaders. what does the new president of mexico, what does he need to do? >> right. i think, suzanne, one of the thing his needs to do is reframe the relationship and redefine the paradigm. the case that mexico comes to the was asks for certain things, recently for $1.4 billion in funding under the initiative to help fight the drug war. i think
elected president. after days of clashes, today there were few confrontations. on tahrir square, the heart of the revolution which ousted long-time dictator hosni mubarak hundreds of peaceful demonstrators are staging a sit- in. their sphere that mohamed morsi has plans to become egypt's new strongman. the people who have set up camp here say they won't leave until president morsi rescinds the decrees that have give given him sweeping new powers. morsi promised to give up his expanded powers but only when a new constitution is finished and tonight the protesters are staying put. egypt hasn't had a constitution since mubarak's overthrow and its elected parliament was dissolved by the military. president morsi's allies say leftovers from the mubarak regime have been stone walling the new islamist government. your argument is that president morsi had no choice but to give himself these new powers. >> yes. it's not overruling the judicial system or having -- making decisions that are beyond misuse or purposes. >> reporter: but other egyptians including human rights activists interpret mr. mors
as a result of paying it earlier. >> adelson loses in the election so he realizes rates are going higher so he pays a special -- >> i don't know what the numbers add up to. he spent over -- how many millions did he spend? >> for investors that want to catch the next one, it's a shot in the dark to know who will be -- we're kind of running out of time here. >> the clock is ticking. >> go to one where you have grandkids relying on the dividend. anyone out there? >> it's great point. >> generation skip? >> walton grandkids, $800 million a month in dividends. >> how do you spend all that? >> i don't know. >> but brown forman is a fantastically performing -- a real winner. you may know this as jack daniels. very successful -- very successful growth company. as has bean. these are very, very cash flow spewing companies and they're giving it to you. i love it. i really do. >> it's amazing. >> we talked about it so long ago after the election you started to see it pop one after another. walmart setting the tone. >> returning capital to share holders is a theme. adt as well increasing its share repurch
that was dictated by the election results and it's dictated by the election results and the republicans can't be the people who hold back the entire movement of taxes and tax cuts extended for most people and i wish they could keep the highest tax rates slow where they are, because that's where the job creators are, and i think that the republicans will ultimately come to a deal and you know, they have to, otherwise, obama could hold it over their heads and beat them with it and claim that the republicans are the recalcitrant holdovers and i hope they don't do too much. stuart: i haven't heard anything on the other side of the fence, which is entitlement reform and spending cuts and that's ignored on the tax side of things. >> well, it's all politics, stuart. you know, they don't have to move right now. they just want to the let the republicans sit there and stew in their own juices, which is what's going on. the faster the democrats act the less political gain from the pressure under republicans. there's no real incentive for democrats to come out and be accommodative and they won't be unt
. their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous. melissa: in the summer knight capital was fighting for it survival after aaron's trading wiped out money from the balance sheet. but they find themselves in the middle of a bidding war as high frequency trading outfit tries to outbid their arrival. who has the advantage? which has the advantage. >> we report, you decide. i will lay ouu a couple of things. convincing the board to accept an all cash. from $3 plus. we don't know what the plus is, that could be a big thing. they're looking to do this by telling the board members, who actually like the ceo, tom joyce. he corralled the new investors when they
when hamas won the parliamentary elections, the palestinian parliamentary elections, the united states and israel immediately took steps to isolate it, politically, economically, in every possible way. now we find that hamas has now -- has hosted leaders from turkey, from egypt, qatar, foreign ministers from a variety of arab countries. it gained quite a lot in the last eight days, and some people here would say it would be foolhardy for them to lose their gains, simply because some small faction decides to launch a rocket over the border. >> and you're looking at a live picture on the right-hand side of your screen of gaza city. keep that picture up as we continue our discussion to see if there are any more incoming shells from israeli defense forces nerks o forces, any outgoing forces. joined by wolf blitzer here in our studio, in jerusalem. you just spoke to mark reghev, the spokesman for the prime minister. you asked him some key questions and for some there were not answers. in particular what happens to the borders, to the blockade of gaza city? >> i think that will depend if thi
gained more than 1%. the dow closing above 13,000 for the first time since the election. this week, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who
will stay on until a new government is sworn in after the elections. national elections in january. ehud barak is israel's most decorated soldier. he also served as prime minister. barak has been moderating influence with the united states and powers. his decision to quit politics comes at a time of uncertainty with israel. he has clashed publicly with the prime minister there benjamin netanyahu how to handle the threat from iran's nuclear program. folks at the macy's thanksgiving day parade spotted something strange. turns out some of the confetti was actually secret police files. coming up, how social security numbers and info on undercover cops and even governor mitt romney's motorcade ended unraining down ended up raining down on the crowds. second time in just days that a bird strike sparked a mid-air emergency. that's coming up as fox reports live tonight. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign the
up above 13,000 barely on the dow. europe taking stock of spanish elections over the weekend waiting to see if they can agree on the bailout for greece. we start with black friday shopping weekend. numbers look out as we kick off cyber-monday. which retailers crushed it and which ones were crushed? >>> if you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. we'll discuss the potential impact as they meet in brussels right now. >> a big day for analyst upgrades. research in motion, facebook, yahoo! we'll go over those and see why citi needs three analysts to initiate coverage of apple. we'll begin with retail sales picture from this past weekend. 139 million consumers shopped during black friday weekend. that's up from 132 million last year. total spending up to 59.1 billion to 54.4 a year ago. average holiday shopper spending $434 over the weekend. sales on black friday fell 1.8% from the same day a year ago setting the stage for today known as cyber-monday. american shoppers will spe
the hash tag my2k. the new campaign even has a name. obama for america. what's that, you say? election 2012 is over, right? no, not if you ask senator mitch mcconnell. >> he's back on the campaign trail, presumably with the same old talking points we're all quite familiar with. >> president obama is gambling that people power will prod republicans into making a deal. after all, people power thing got him re-elected. but ultimately will the public be the decider? so the talk back question for you today, will the president's fiscal cliff road tour work? facebook.com/carolcnn. faceb facebook.com/carolcnn. >>> plan b, emergency contraception pill that some companies say is forcing them to choose between their faith and obamacare, which requires them to provide it. how one ceo is fighting back. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the
up for re-election in 2014. maybe they'll face a challenge from the right. take a look at what lindsey graham said on the sunday talk shows. >> when you're $16 trillion in debt the only pledge we should be making to each other is to avoid the coming grief, and republicans, republicans should put revenue on the table. we're this far in debt, we don't generate enough revenue. >> and that's his key difference here. he says he's okay with the no taxes but we do need to raise revenues and if that means cutting back on such things as tax rates, he will do it. also he says the democrats have to come forward here, as well. they have to do entitlements if he's going to break his pledge. zoraida? >> paul steinhauser live in washington for us. thank you. >> we're in the midst of the shopping frenzy and some people are seeing encouraging starts to the holiday shopping season. a record 247 million shoppers hit the stores and websites over the weekend. the national retail federation said they also shelled out more cash compared to last year. >> will shoppers still be in a spending mood today
decimated but gop senators say it is proof rice was putting pre-election spin before national security. >> it was unjustified to give the scenario as presented by ambassador rice and president obama three weeks before an election. >> reporter: ambassador rice, what do you say to republicans who say your comments were politically motivated? rice didn't answer our question but admitted her talking points were, quo, incorrect in a key respect. there was no protest or demonstration in benghazi. while we certainly wish that we had had perfect information just days after the terrorist attack, as is often the case, the intelligence assessment has evolved. we stressed that neither i nor anyone else in the administration intended to mislead the american people at any stage in this process. and the white house had this to say. >> the focus on some might say obsession on comments made on sunday shows seems, to me, and to many, to be misplaced. >> reporter: gop senators also complain rice neglected to ask key questions before telling the public what turned out to be wrong information. >> that's tr
. especially a campaign-style warning to middle class voters. it may be more about the 2014 mid-term elections than fiscal responsibility. it's one of the traditional sounds of the christmas season but it will be a silent night for the salvation army bell ringers in one american community. why? [ male announcer ]lka-seltzer plus presents the cold truth. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] can't find theraflu? try alka-seltzer plus for fast, liquid, cold, and flu relief. megyn: an update of a father and his young son who made fun of a girl with cerebral palsy when she got off the school bus. it landed him in front of
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